Outcome of Board Meeting

Q2FY27 results (unaudited): Standalone: Revenue 8.4bn +14.8% y-y (7.3bn) EBITDA 1.4bn +5.9% y-y (1.4bn) EBITDA margin 17.1% (18.5%) -144 bps y-y PAT 1.1bn +14.6% y-y (1.0bn) Consolidated: Revenue 10.0bn +16.9% y-y (8.5bn) EBITDA 1.6bn +3.6% y-y (1.5bn) EBITDA margin 15.6% (17.7%) -202 bps y-y PAT 1.1bn +7.5% y-y (1.0bn) H1FY27 results (unaudited): Standalone: Revenue 17.6bn +15.8% y-y (15.2bn) EBITDA 3.5bn +19.8% y-y (2.9bn) EBITDA margin 19.6% (19.0%) +60 bps y-y PAT 2.6bn +25.1% y-y (2.1bn) Consolidated: Revenue 20.5bn +17.4% y-y (17.4bn) EBITDA 3.7bn +19.1% y-y (3.1bn) EBITDA margin 18.2% (17.9%) +30 bps y-y PAT 2.6bn +24.5% y-y (2.1bn) Dividend: 5.75/share (record date 4th November 2026) Commentary: Commissioned Phase 1 of VAE plant at Dahej; further staggered price increases to counter raw material inflation; strong volume and value growth in decorative and industrial coatings; international business grew 29.5%.